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Does India need 'encounter specialists'?

'India has a conviction rate of about 25% for serious crimes. This means that 75% of the time the police probably get the wrong suspect, and this makes murdering them in an encounter more morally......

CVC awaits sanction to prosecute 100 govt officials

It has been over four months since the Central Vigilance Commission (CVC) has been awaiting sanction to prosecute nearly 100 central government employees, including Indian Administrative Service......

PMC Bank depositor ends life, another dies of heart attack

A depositor of scam-hit Punjab and Maharashtra Bank Cooperative Bank allegedly committed suicide in Mumbai, while another died of a heart attack a few hours after taking part in a protest by bank......

Youth ask for jobs, govt says look at moon: Rahul in Maha

Hitting the hustings for the first time since the Congress' Lok Sabha debacle earlier this year, party leader Rahul Gandhi on Sunday accused Prime Minister Narendra Modi and Union Home Minister......

What changes we can expect at Tirupati

'Our priority is how to reduce the waiting time for people for darshan.' Y V Subba Reddy took over as the 50th chairman of the Tirumala Tirupati Devasthanams which manages the famous Lord Balaji......

ITI withdraws Rs 1,300-crore FPO over poor demand

The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore. Illustration: Dominic Xavier/Rediff.com Poor response has prompted ITI to withdraw its Rs 1,300-crore follow-on......

London court remands Nirav Modi till Feb 27 in PNB case

Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was produced for a regular......

Where have all the women bankers gone?

Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay. In the run-up to Business Standard's annual banking......

Will 2020 bring cheer to Indian banking sector?

Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart......

Two-thirds of FII bets slip in red; overseas investors at receiving end

Market experts say that FIIs have been caught off-guard on their exposures to companies with high-leverage and those facing cyclical headwinds. Illustration: Uttam Ghosh/Rediff.com Foreign......

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Order freezing ex-PNB chief's assets set aside

A top court bench led by Justice RF Nariman ruled that the order of the National Company Law Tribunal (NCLT) and the appellate tribunal’s... ...

https://economictimes.indiatimes.com/news/politics-and-nation/order-freezing-ex-pnb-chiefs-assets-set-aside/articleshow/74220165.cms

UBI stakeholders fear losing identity with merger

The Centre has announced that the Punjab National Bank (PNB), the UBI and the Oriental Bank of Commerce (OBC) will be merged to create the... ...

https://www.moneycontrol.com/news/business/39long-associationbengal39-ubi-stakeholders-fear-losing-identitymerger_13513821.html

Money flow from banks to NBFCs picks up in Oct-Dec

Mortgage lenders such as Tata Capital Housing Finance, Piramal Capital & Housing Finance, PNB Housing Finance and L&T Housing Finance have raised... ...

https://economictimes.indiatimes.com/news/economy/finance/money-flow-from-banks-to-nbfcs-picks-up-in-oct-dec/articleshow/74217945.cms

PNB staffer among 8 held, diverted power bill money

Police on Tuesday arrested eight people in connection with the alleged Rs 1.77-crore power dues payment scam in Noida. Those arrested include a... ...

https://timesofindia.indiatimes.com/city/noida/pnb-staffer-among-8-held-diverted-power-bill-money/articleshow/74216711.cms

A bench of Justices R F Nariman, S Ravindra Bhat and V Ramasubramanian in a recent order said the powers under Sections 241, 337 and 339 of the... ...

https://timesofindia.indiatimes.com/india/cant-freeze-assets-of-ex-md-of-pnb-in-nirav-scam-sc/articleshow/74217493.cms

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